Barrick Mining (NYSE:B) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Barrick Mining (NYSE:BGet Free Report) (TSE:ABX) announced its quarterly earnings data on Monday. The gold and copper producer reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.01, Briefing.com reports. The company had revenue of $4.19 billion for the quarter, compared to analysts’ expectations of $5.10 billion. Barrick Mining had a return on equity of 14.81% and a net margin of 32.14%.Barrick Mining’s revenue for the quarter was up 43.8% compared to the same quarter last year. During the same period last year, the firm posted $0.47 EPS.

Barrick Mining Price Performance

Shares of Barrick Mining stock opened at $40.91 on Tuesday. The business has a 50 day moving average of $38.34 and a 200 day moving average of $41.97. Barrick Mining has a 52 week low of $22.13 and a 52 week high of $54.69. The company has a market cap of $67.33 billion, a PE ratio of 11.30, a P/E/G ratio of 0.93 and a beta of 0.47. The company has a quick ratio of 2.44, a current ratio of 3.06 and a debt-to-equity ratio of 0.13.

Barrick Mining Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be issued a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Monday, August 31st. Barrick Mining’s dividend payout ratio is currently 19.34%.

Barrick Mining News Summary

Here are the key news stories impacting Barrick Mining this week:

  • Positive Sentiment: Barrick reported second-quarter adjusted earnings of $0.82 per share, slightly above the $0.81 consensus estimate and substantially higher than $0.47 a year earlier. Revenue rose 43.8% year over year, while gold production reportedly exceeded guidance. Barrick Reports Second Quarter 2026 Results
  • Positive Sentiment: An agreement with Newmont resolves the longstanding Nevada Gold Mines dispute, includes a reported $1.95 billion cash payment to Barrick and gives Newmont’s consent for Barrick’s planned North American IPO. The deal could unlock value and provide greater strategic flexibility. Barrick Mining Settles Newmont Nevada Dispute for $1.95 Billion
  • Positive Sentiment: Barrick declared a quarterly dividend of $0.175 per share, payable September 15 to shareholders of record August 31, maintaining shareholder distributions while the company pursues its restructuring plans. Barrick Declares Q2 Dividend
  • Neutral Sentiment: Barrick appointed Sebastiaan Bock as CEO, Rest of World, effective immediately. He will oversee gold and copper operations and projects outside North America and report to CEO Mark Hill; the appointment may improve operational accountability but adds to a period of leadership transition. Barrick Appoints Sebastiaan Bock CEO, Rest of World
  • Negative Sentiment: Although EPS exceeded the primary consensus cited by the company, several reports characterized adjusted profit as below a higher Wall Street estimate. Revenue of $4.19 billion also fell well short of the approximately $5.10 billion analyst forecast, contributing to the market’s negative reaction. Canada’s Barrick misses profit estimates as gold costs rise
  • Negative Sentiment: Investors remain concerned that spinning off North American gold assets could reduce Barrick’s exposure to its highest-value operations, while shareholder opposition raises execution and governance risks. Barrick chairman’s planned overhaul meets investor backlash

Institutional Investors Weigh In On Barrick Mining

A number of large investors have recently modified their holdings of the stock. Intesa Sanpaolo Wealth Management purchased a new position in Barrick Mining during the fourth quarter valued at $26,000. JPL Wealth Management LLC bought a new stake in shares of Barrick Mining in the 3rd quarter worth approximately $28,000. Pin Oak Investment Advisors Inc. purchased a new position in Barrick Mining during the third quarter valued at $31,000. HM Payson & Co. increased its holdings in shares of Barrick Mining by 736.0% during the fourth quarter. HM Payson & Co. now owns 836 shares of the gold and copper producer’s stock valued at $36,000 after acquiring an additional 736 shares in the last quarter. Finally, Peterson Wealth Services bought a new position in shares of Barrick Mining in the fourth quarter worth approximately $52,000. Institutional investors own 90.82% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on B shares. Barclays reduced their price target on shares of Barrick Mining from $41.00 to $39.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 15th. JPMorgan Chase & Co. cut their price objective on shares of Barrick Mining from $58.00 to $50.00 and set an “overweight” rating for the company in a research note on Tuesday, July 21st. UBS Group decreased their target price on shares of Barrick Mining from $54.00 to $50.00 and set a “buy” rating on the stock in a research report on Tuesday, June 30th. Scotiabank lowered their price target on shares of Barrick Mining from $63.00 to $57.00 and set a “sector outperform” rating for the company in a research note on Tuesday, July 14th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Barrick Mining in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $52.46.

View Our Latest Report on Barrick Mining

About Barrick Mining

(Get Free Report)

Barrick Gold Corporation, commonly known as Barrick, is a Toronto‑headquartered mining company focused on the exploration, development, production and sale of gold and copper. Listed on major exchanges (including the New York Stock Exchange under the symbol B), Barrick operates as an integrated minerals producer, running large‑scale mining complexes, processing facilities and related support services for extraction and metallurgical treatment of ore.

The company’s activities span the full mining value chain: greenfield exploration, feasibility and permitting, mine construction, ongoing operations, and closure and reclamation.

See Also

Earnings History for Barrick Mining (NYSE:B)

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